The trend volume estimate for total new capital expenditure rose 3.3% in the March quarter 2011 while the seasonally adjusted estimate rose 3.4%.

The trend volume estimate for buildings and structures rose 2.6% in the March quarter 2011 while the seasonally adjusted estimate rose 4.5%.

The trend volume estimate for equipment, plant and machinery rose 3.8% in the March quarter 2011 while the seasonally adjusted estimate rose 2.4%.

EXPECTED EXPENDITURE (CURRENT PRICE TERMS)

This issue includes the sixth estimate (Estimate 6) for 2010-11 and the second estimate (Estimate 2) for 2011-12.

Estimate 6 for 2010-11 is $124,096m. This is 14.2% higher than Estimate 6 for 2009-10. Estimate 6 is 4.0% lower than Estimate 5 for 2010-11.

Estimate 2 for 2011-12 is $139,538m. This is 30.9% higher than Estimate 2 for 2010-11. Estimate 2 is 3.5% higher than Estimate 1 for 2011-12.

See pages 6 to 10 for further commentary on expectations data.

NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER)

Release Date

June 2011

1 September 2011

September 2011

30 November 2011

December 2011

29 February 2012

March 2012

30 May 2012

IMPACT OF THE FLOODS

Heavy rain and flooding occurred in Queensland and other states in late 2010 and early 2011. The December quarter issue of this publication presented the first significant economic impact of these floods. This current issue presents the continued impact. There were no significant data reporting issues this quarter.

INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Liz Bolzan on Sydney (02) 9268 4508.